Tuesday, December 9, 2014

Government Drug Cost Manipulation


                     
Overseas government sponsors of public health insurance always set standards for doctors to treat patients. This is being done to reduce costs under government-sponsored programs in England, Canada, and Europe.
                     
But what you are not told by U.S. public health enthusiasts, for example, is that cheaper drugs dispensed are often the older versions. They are older generics, whereas newer, more costly, branded versions are not dispensed.
That saves money for the government health system.

However, in many instances, older drugs are not better. In fact, they may not do as good a job as the newer, branded drugs. Governments thus save money at the expense of the patient’s health, or life.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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